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U.S. markets news

Clinton's Portrayal of Trump as Dictator Aims at the Left and Right
“Our founders fought a revolution and wrote a Constitution so America would never be a nation where one person had all the power,” Hillary Clinton said on the final night of the Democratic National Convention in Philadelphia.
Clinton vs. Trump: A choice between the uninspiring and the unfit  Washington Post
Clinton and Kaine debut as ticket with Midwest bus tour  USA TODAY
Business Insider  
U.S. Economy Grew Less-Than-Forecast 1.2% in Second Quarter
The U.S. economy expanded less than forecast in the second quarter after a weaker start to the year than previously estimated as companies slimmed down inventories and remained wary of investing amid shaky global demand.
US GDP Grew a Disappointing 1.2% in Second Quarter  Wall Street Journal
US economy expected to pick up after weak growth in spring  Richmond.com
SABMiller Board Recommends AB InBev's New $104 Billion Offer
SABMiller Plc's board unanimously recommended Anheuser-Busch InBev SA's improved $104 billion takeover offer, paving the way for the biggest acquisition in the history of the beer industry and capping a tumultuous week in which the Budweiser maker ...
SABMiller backs AB InBev offer for biggest-ever consumer takeover  Reuters
Chinese regulators approve Anheuser-Busch InBev-SABMiller merger  Houston Chronicle
AIG Offers Brexit Coverage in UK for Anxious Executives
American International Group is coming out with new Brexit coverage in the UK for anxious executives, barely weeks after the fateful British vote to pull out of the European Union.
Early Post-Brexit Considerations for International Business  The National Law Review
Potential Legal Implications Arising from "Brexit"  JD Supra (press release)
Amazon, Facebook race past Buffett's Berkshire
For the first time ever, Facebook (FB, Tech30) and Amazon (AMZN, Tech30) are now each worth more than Buffett's Berkshire Hathaway (BRKB).
Amazon, Facebook now bigger than Berkshire Hathaway  USA TODAY
Amazon becomes fifth-largest company by market value  The Seattle Times
Deutsche Bank scrapes through European banks stress test
FRANKFURT Deutsche Bank (DBKGn.DE) showed a weaker reading in the European Union's banking stress test than most of its peers, indicating that the lender still has far to go in a revamp it launched last year.
Stress Tests Find Some Big European Banks Wanting  New York Times
European Bank Stress Tests Offer Some Relief  Wall Street Journal
NASA's new space plane is getting ready to take flight
NASA's next cargo delivery vehicle—a spunky little space plane that looks like it could be an offspring of the space shuttle—is getting ready to fly.
Sierra Nevada Corp. prepares for next round of Dream Chaser tests  SpaceNews
Sierra Nevada Will Begin a New Round of Testing on the Dream Chaser Spacecraft  Inverse
Carney Takes Second Look at Brexit as BOE Readies Stimulus Plan
Take Two at the Bank of England means action. That's the conclusion of almost all economists surveyed by Bloomberg, who predict the central bank's second decision since Britain's vote to leave the European Union will involve an interest-rate cut.
Bank of England prepares to tackle Brexit hit  Reuters
The Pound's Free Fall May Continue  Seeking Alpha
Big data integrator Talend pops 54% in Nasdaq debut, raising $94.5M
French-American big data startup Talend made its debut as a public company today with a pop. After pricing its shares at $18 last night (above the expected range of $15-$17), the company began trading on Nasdaq under the ticker TLND at $27.66, up 54 ...
Talend Nudges Dormant Tech IPO Market  Wall Street Journal
Big data firm Talend soars 54 percent in debut  Reuters
Oil Giants Find There's Nowhere to Hide From Doomsday Market
Exxon Mobil Corp. and Royal Dutch Shell Plc this week reported their lowest quarterly profits since 1999 and 2005, respectively. Chevron Corp.
Low Crude Prices Hammer Big Oil Companies  Wall Street Journal
Oil rout erodes second-quarter profits for US majors Exxon, Chevron  Reuters